Posts Tagged ‘Air Berlin’
Air Berlin Cancels USD$5 Bln Boeing Order
Air Berlin has cancelled orders for Boeing aircraft worth a total of USD$5 billion at list prices as it strives to curb spending and return to profit. Air Berlin, 29-percent owned by Abu Dhabi-based Etihad, has been cutting job...
Air Berlin Announces New Turnaround Measures
Air Berlin presented new measures to return to profit, including fleet cuts, route changes and plans for closer cooperation with alliance partners. Germany’s second largest airline, which late on Wednesday reported a seco...
Air Berlin Considers Splitting In Two
Air Berlin’s management is considering splitting the group in two, German magazine Focus reported on Sunday, citing remarks by one of the company’s senior managers. Air Berlin could be divided into a unit tha...
Air Berlin Says Change Needed
German Airline, Air Berlin said it needed to change and was working on developing a sustainable business model as it reported a slightly narrower first-quarter loss. The airline, in which Gulf carrier Etihad owns a 29.2 ...
Etihad Close to Next Stage With Air Berlin
Etihad Airways chief executive James Hogan said on Monday that the airline was close to sealing the next phase of its partnership with Air Berlin and that it was still in due diligence over a possible tie-up with Alitalia. ...
Air Berlin Denies Financial Problems
Air Berlin said it has enough money to run its business, denying claims by an investor rights group it was trying to hide its financial difficulties by twice delaying publication of its annual results. The airline, almos...
